Dillistone in line

31st Jan 2011 10:59

Executive search software provider Dillistone says that its 2010 figures will be in line with expectations. The full year figures are expected to be published on 5 April. Edison Investment Research expects the AIM-quoted company to report a rise in profit from £1.08m to £1.15m. That is still below the £1.43m profit reported in 2008. Recurring revenues have reached a record level and they are continuing to grow. Cash in the bank has increased from £1.8m to £2.1m during the year. Dillistone has already promised to maintain its total dividend at 10.5p a share. Dillistone has invested more than £1m in a new generation of its FileFinder software and this will be launched in the first half of 2011.